Discussion of the Forex Contest FX Choice Forex Contest

'......in the real world so this is a dumb idea.........'

Seems like you are the ONLY one with good ideas here and others don't count 😁

I make some weekly countest and some people get big numbers$$$$ with the Rumble and win the countest

It was so easy!!!

Good luck to all

ha haha not like that
it is just demo to see the vol of market and calculate with buying power.
how to control the system of forex
that's why I use such trade with formula.
but its effective. if you set % with minimum set's of Vol
I also use it on 10,000 account test
and is works 88% perfect.
min you need to play such vol for perfect 100,000 USD with no loss.
still I am trying to test more codes and coming soon ........

why not you copy the signal and set with percentage of vol
if I buy 1000 vol one (buy/or sel) you set it with .01 (buy/sell) or such type
it depends on your brain how to copy the signal
to make profit
one thing more nobody shows real account signals above then 10,000 account for lot of reason .

Good luck for all of us guys.... Have a nice trade 😎

Yeah Signal!!! I let my chidren play game and use PC without not to much restriction

I say Hey sons, i have two, do you want to help me with those Signal an EA because my brain is not there like many people of my generation, the result they dont have time to help me....and i am very disappointed... i have to do it later step by step....

gao48 posted:

tineg posted:
Can someone help me explain...

On MT4, when I open an order and see 0,01, 1... Is 0,01 a micro lot? And 1 a mini lot? or is 1 a standard lot?

yes

Yes what?
Yes, 1 = 1 mini lot?
Yes, 1 = 1 standard lot?
yes, 0,01 = 1 micro lot?

good like for all

tineg posted:
Can someone help me explain...

On MT4, when I open an order and see 0,01, 1... Is 0,01 a micro lot? And 1 a mini lot? or is 1 a standard lot?

The MT4 platform minimum lot-size that can be traded is 0.01 no matter what type of account is traded.
 --- Standard Account uses a 100,000 unit lot-size, and the 0.01 lot is called a micro-lot (1,000 units in trade, could be dollars, euros, whatever the Account-currency is).
 --- Mini Account uses a 10,000 unit lot-size, and the 0.01 lot is called a nano-lot (100 in trade).
 --- Micro Account uses a 1,000 unit lot-size, and the 0.01 lot is called a pico-lot (10 in trade).
Cent accounts trade nano-lots or pico-lots and there is some confusion there as different brokers name these accounts differently.

When can people start trading their demo account for this contest?

RahmanSL posted:
'......in the real world so this is a dumb idea.........'

Seems like you are the ONLY one with good ideas here and others don't count 😁

I'm not the one trying to change the rules to suit my style of trading. Besides, I said it was a bad idea IN MY OPINION...

Hi all,

Good luck to you all!

Cheers!


Minh

Hi everyone,

Suggest scaling up your strategies even if you are not ready and try to be disciplined with them.
You can test them in another demo on your own time.
What could happen: you wipe your account, you weren't going to win anyway !
                           you somehow end up on the podium !
                           you learn something and go back and make the prize money in your own account !
                           forget about prize money and be positive !
Please learn the trade and grow yourself in knowledge to be a cut above the rest.
Remember about, i don't know but the percentage of traders who don't make it seems to be around 90%, give or take ?
As you can see it is not that easy, so find a mentor who has been there and learn the trade or you are one of the 90%
on the stockpile.

Good Luck to all :)
Choppawood

YACOUTI posted:
Good luck to all contestants 😇

😎уааа

Forex Heat Map ... down at the very bottom of this site page. it is new to me and looks VERY interesting.

Will I be able to trade on the DAX30? anyone know?

happy trading
Good luck😎

ForexGridMaster posted:

tineg posted:
Can someone help me explain...

On MT4, when I open an order and see 0,01, 1... Is 0,01 a micro lot? And 1 a mini lot? or is 1 a standard lot?

The MT4 platform minimum lot-size that can be traded is 0.01 no matter what type of account is traded.
 --- Standard Account uses a 100,000 unit lot-size, and the 0.01 lot is called a micro-lot (1,000 units in trade, could be dollars, euros, whatever the Account-currency is).
 --- Mini Account uses a 10,000 unit lot-size, and the 0.01 lot is called a nano-lot (100 in trade).
 --- Micro Account uses a 1,000 unit lot-size, and the 0.01 lot is called a pico-lot (10 in trade).
Cent accounts trade nano-lots or pico-lots and there is some confusion there as different brokers name these accounts differently.

Oh my goodness. I see people come up with different terms every day,hehe. Crazy.
Thank you but I was not asking for what micro, mini and standard mean. I know what they are.
You have few typo errors though.
1 Standard lot represents 100.000 $/eur/gbp/etc... and the lot is on my platform is displayed as 100 (K). Or I guess MT4 displays it as 1.
Money exposure is usually between 500 and 700 of currency per 1 standard lot.
1 mini lot represents 10.000 ... and the lot on my platform is displayed as 10 (K). Or as MT4 displays it (or should) as 0.1
Money exposure is usually between 50 and 70 in currency per 1 mini lot.
1 micro lot represents 1000 of currency.... and on my platform is displayed as 1 (K). Or as MT4 displays it as 0.01
Money exposure is usually between 5 and 7 in currency per 1 micro lot. (depends on the currency pair).
Under the condition that leverage of the account is 1:200, of course.

But because I use TS2 I got little confused with how MT4 displays it. MT4 is terrible at that. And I have never heard of such thing as nano and pico lot. That is ridiculous. It doesn't even make sense. But thumbs up for the effort. :)
Yes, confusion starts when people start making terms up instead of just sticking to the standard. Sad.

When i begin to trade in forex in dec. 14 i found that very boring to make monkey money.

But with the contest is very stimulating and the TOP place to learn about your self and the stategy

And maybe see you on the top 100 over the thousand people participate

Don`t give up and GL